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NFT: MLB salaries

Hilary : 2/22/2021 11:56 am
MLB players are now making 20-30 million dollars per year. The Mets who are not a super team will next year have Conforto, Lindor, Stroman, Syndegaard on expired contracts looking for that kind of money and De Grom has an opt out on his contract soon.
Mr. Cohen did not get rich by investing in losing enterprises.

Where is the money coming from for MLB teams.
Attendance and ancillary revenue will be low this year and we do not know if and when the teams will see full stadiums again.
TV ratings for MLB are not like those for the NFL and and neither are going up

Is the money going to come from a cut in legalized gambling?
Is it going to come from a change to subscription based TV like Disney and Netflix?
Jacoby freaking Ellsbury  
KDavies : 2/22/2021 12:01 pm : link
signed a contract in 2014, paying him well over $20 million a year to be injured for the year. MLB players are not JUST making $20-30 million a year.

Cohen in a good week in the market probably makes more than enough money to cover the Mets payroll for the year. Why are you worried about the Mets financially?
plus the Mets have  
KDavies : 2/22/2021 12:05 pm : link
Familia/Betances off the book. That will cover the bulk of one contract. Stroman will likely not be re-signed. That will cover the other contract.
RE: plus the Mets have  
cactus : 2/22/2021 2:22 pm : link
In comment 15158633 KDavies said:
Quote:
Familia/Betances off the book. That will cover the bulk of one contract. Stroman will likely not be re-signed. That will cover the other contract.


all of those will barely cover lindor.
(if he doesn't have a first season  
cactus : 2/22/2021 2:23 pm : link
like ex-Indians baerga and alomar)
RE: RE: plus the Mets have  
KDavies : 2/22/2021 2:43 pm : link
In comment 15158751 cactus said:
Quote:
In comment 15158633 KDavies said:


Quote:


Familia/Betances off the book. That will cover the bulk of one contract. Stroman will likely not be re-signed. That will cover the other contract.



all of those will barely cover lindor.


Lindor is already making $22 million.

Familia/Betances make a total of $17 million. Stroman makes almost $19 million.

So, you project Lindor's salary to increase to roughly $58 million a year?(22 + 17 + 19)

As I said, Stroman will be coming off the books. Take that $19 million off. They liking won't be paying him and Thor. So take that $19 million, you pay for Stroman or Thor. That is a wash. The others listed. Lindor is already making $22 million a year. He'll make, what $10 million more?

Familia/Betances contracts will cover the bulk of Conforto.

I'm still thoroughly confused by this whole thread. Why are the Mets, who have one of the richest owners in sports now, suddenly the subject of concern for how they will pay for all these players?
Thor is already making $9.7 million a year as well  
KDavies : 2/22/2021 2:58 pm : link
so, Thor and Stroman are making $28.6 million. Next year, 1 will be gone. Rotation will likely be deGrom, Carrasco, Thor/Stroman, Walker, Peterson.

So they are saving money there, as neither Stro or Thor will be making more than $28.6 million.

Conforto is making $12.25 million. Add in Familia's $11 million. You've got Conforto paid.

Lindor making $22.3 million. Add in Betances' $6 million and you've got him mostly paid for.

So, the contracts listed will be a wash. They will lose either Stroman or Thor and have 1 less player, but I don't understand the confusion on how these players will be paid for.
baseball  
Hilary : 2/22/2021 3:15 pm : link
No one goes into business to lose money.
The question is where do owners expect to get the money to pay the enormous salaries of the players. I do not see traditional revenues -tickets, parking, food, radio, network tv producing this revenue.

I do not think the owners even though wealthy are planning to use their own money.

Are legalized gambling or non traditional tv (subscription tv) the new sources revenue to support the sport
RE: baseball  
BH28 : 2/22/2021 3:29 pm : link
In comment 15158796 Hilary said:
Quote:
No one goes into business to lose money.
The question is where do owners expect to get the money to pay the enormous salaries of the players. I do not see traditional revenues -tickets, parking, food, radio, network tv producing this revenue.

I do not think the owners even though wealthy are planning to use their own money.

Are legalized gambling or non traditional tv (subscription tv) the new sources revenue to support the sport


All you have to do is look up the Atlanta Braves yearly ledger since it is publicly owned. That will give you an idea on where they are making their money. This is pre-COVID:

Quote:
Parent company Liberty Media reported on Wednesday that the Braves finished out 2019 with a record $476 million in total revenue, which is up 8% from 2018 when they brought in $442 million.


After expenses, they cleared $100 million. Any team claiming to be broke is full of shit. It's a narrative pushed by the owners to not pay the players.

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I'll be honet, $100m  
UConn4523 : 2/22/2021 3:37 pm : link
doesn't seem like that much. They are taking all the risk, baseball players take none (other than arbitration which is a separate conversation).

Not advocating the rich getting richer, but I understand why they aren't chomping at the bit for $250m payrolls.
RE: I'll be honet, $100m  
BH28 : 2/22/2021 5:42 pm : link
In comment 15158815 UConn4523 said:
Quote:
doesn't seem like that much. They are taking all the risk, baseball players take none (other than arbitration which is a separate conversation).

Not advocating the rich getting richer, but I understand why they aren't chomping at the bit for $250m payrolls.


That's one year worth of profits. COVID 2020 aside, I doubt they have had many years where they are upside down. The Marlins under Loria were very profitable. The point is these teams can afford to sign basically anyone that they want, so the collusion against players in FA is bullshit. If the Braves had Tatis and his contract extension, they would still clear $75 million a year.

I don't think people are advocating for $250 million payrolls, there are only a handful of big market teams can that can sustain that number over a number of years. The issue is the teams at the bottom, they aren't spending. Look at Cleveland and Pittsburgh payrolls for this year: $38 million and $41 million respectively. That's just ridiculous; it's too bad you can't get a look at their books, the backlash would be ridiculous.
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